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Title: Tyranny of the Invisible Hand
Author: Morpheus
Date: 30th April 2004
Language: en
Topics: anti-capitalism, capitalism, critique
Source: Retrieved on 2nd August 2020 from https://web.archive.org/web/20070707071153fw_/http://question-everything.mahost.org/Socio-Politics/capitalism.html

Morpheus

Tyranny of the Invisible Hand

“This troubled planet is a place of the most violent contrasts. Those

that receive the rewards are totally separate from those who shoulder

the burdens. It is not a wise leadership.”

– Mr. Spock (of Star Trek), “The Cloud Miners”

I. Capitalism is Exploitative

Capitalism (also called “the wage system,” “the boss system” or “the

profit system”) is exploitative and authoritarian. It cannot be reformed

and should be abolished in favor of a classless society based on

self-management. Capitalism is an economic system based on wage-labor

and profit. Wage-labor is the defining characteristic of capitalism.

Markets, while they usually accompany capitalism, are not the defining

characteristic of capitalism – wage-labor is. Markets existed long

before capitalism and in many other economic systems besides capitalism,

and one unusual form of capitalism – state monopoly capitalism – largely

does away with markets. Under capitalism the majority of the population

must sell their labor (usually via working at a job) in order to

survive.

There are two main classes in all capitalist systems: the capitalist

class (or bourgeoisie) and the working class (or proletariat). Under

some circumstances capitalism can have other classes as well, but all

forms of capitalism have at least these two classes. The capitalist

class owns the means of production (or the vast majority of them),

either directly or through organizations they control (such as

corporations), and the working class does not. Means of production are

non-human objects that are used to produce things, such as factories,

mines, land, etc. Since workers do not have access to the means of

production they must sell their labor to those who own the means of

production – the capitalist class. Members of the capitalist class, by

definition, are wealthy enough that they do not have to sell their labor

to survive [1]. They may choose to do so for whatever reason but are not

threatened with the possibility of becoming poor if they do not. This is

the basic structure of a capitalist system. The Hiltons, Rockefellers,

Waltons, Kennedys, Mellons, Murdoch, Fords, Bushes, and Carnegies (ie.

the super-rich) are all typical members of the capitalist class.

Workers are always paid less then the value of the goods they produce –

this is where profit comes from. If workers were paid an amount equal to

what they produced there would be no money left over for the

capitalist’s profit. The workers are the ones who actually produce

things, the capitalists contribute no productive labor. The capitalist

thus makes money without having to do any productive labor. As that

money is then used to purchase things that were produced by workers’

labor, the capitalist is living off the labor of the workers. Hence,

Capitalism is inherently exploitative. The fruits of this exploitation

are distributed to members of the capitalist class not only in the form

of profit but also through dividends, interest, rent and other means.

Capitalists try to pretend this is “voluntary” or “natural” but it is no

more voluntary or natural then paying taxes. In order for a worker to

survive s/he must sell his/her labor and become a wage-slave. Otherwise

s/he will not be paid and will eventually starve to death. While some

form of productive labor is necessary to produce the basic necessities

needed to survive (food, shelter, etc.) there is no reason why this must

be in the form of wage-labor. For most of human history it has not.

Historically pre-capitalist societies that developed into capitalist

ones have all gone through a process called proletarianization whereby

the majority of the population was changed from their previous status

(usually of peasants) into workers (proletarians). This involved

expropriating the land and forcing the population off it [2]; thereby

putting the population in a situation where they have to sell their

labor to make a living [3]. If most live on the land (as they did in

many pre-capitalist societies) then they will not have to sell their

labor to make a living and full-fledged capitalism is impossible.

The process of proletarianization happened differently in different

places and had a number of variations with more then a few bumps on the

road. In the first societies where proletarianization started it was a

long process that was not originally initiated with the desire to create

a capitalist society but by other historical forces. One of the first

capitalist countries, England, began this with the “enclosures” whereby

lords would enclose land that formerly belonged to peasants and

expropriate it for themselves [4]. In Mexico the majority of

proletarianization started under President Benito Juarez and rapidly

accelerated under the dictator Porfialo Diaz. Both Juarez and Diaz were

classical liberals who believed in free market capitalism and private

property. To that end, Juarez initiated a program whereby public lands

and common lands held by Native Americans was expropriated and sold to

the highest bidder. Since they have more money, the majority of this

land got concentrated in the hands of rich capitalists. Small

landholders were often expropriated as well [5]. In most of North

America the indigenous economic systems were eventually destroyed by

force, along with the indigenous people, and replaced with a capitalist

system [6]. In some societies war played a significant role in uprooting

peasants and transforming them into wage workers.

Capitalists sometimes defend the exploitation inherent in capitalism by

claiming that the capitalist contributes to production by providing

money and the means of production, which he owns, to the production

process. This is a subtle form of circular logic, since it assumes

capitalist property rights in order to defend capitalism. ‘Providing the

means of production’ simply means ‘allowing it to be used.’ Granting

permission itself is not a productive activity, it does not produce

anything. If producers cease to produce, production will stop in any

society, regardless of the economic system. But if owners stop granting

permission, production is impacted only if their authority over the

means of production is obeyed. Their authority derives from the violent

and coercive mechanisms of the state, which ensures that capitalists

have this ability to allow or deny access to the means of production by

workers. Not only is “providing the means of production” not a

productive activity, it depends on a system of organized, systemic

coercion to maintain the capitalist’s monopoly (or near-monopoly) of the

means of production. Capitalist exploitation of workers derives from the

power capitalists have over the means of production, it’s monopolization

in their hands. That power is used by them to gain extreme wealth at the

workers’ expense. It was originally created through conquest & coercion

and is maintained through state violence, typically in the form of

government enforcement of property rights.

Other workers, not capitalists, produced the means of production. The

capitalist obtains them with the money from previous profits. Those

profits in turn came from previous profits and so on back to the origins

of capitalism. Those original accumulations of money used to start this

whole process of capitalist accumulation came from fortunes made as a

result of conquest & direct expropriation (such as colonialism) as well

as fortunes achieved under pre-capitalist class societies such as

feudalism or slavery. Thus from a historical perspective capitalism

cannot be considered just.

A similar attempt to justify the exploitative nature of capitalism is

the claim that profit is the reward for taking risks. It is true that

investing usually entails taking risks (one could lose the investment),

but just because someone is taking a risk does not mean that s/he is

producing anything. Most human activity involves risks of some sort. If

a criminal robs someone at gunpoint s/he is taking a risk as well. S/he

could go to jail, the robbery could go wrong, s/he could get hurt, etc.

That does not change the fact that it is robbery. The same is true of

the risks taken by capitalists. The workers take as much of a risk, if

not more, as the capitalist. If the business fails the worker is

unemployed. The worker is then usually in a worse situation then the

capitalist because the capitalist is wealthy and can weather such a

situation much easier then those on lower levels of the hierarchy. In

addition, many jobs entail risks to workers’ life or limb, whereas

investment does not.

Capitalists like to claim that their wealth is the result of them

working hard by running their business, managing portfolios, etc. A

mafia boss also does lots of work to plan his robberies and keep his

illicit enterprise going but his actions are still theft. Many

capitalists don’t even run a company, they derive their income solely

from stocks, bonds, interest, dividends, rent, etc. This attempt to

justify capitalist exploitation completely fails in these cases because

they aren’t even running a company or doing any work at all.

Manipulating portfolios doesn’t produce anything useful; sticking money

in the bank and letting it accumulate interest isn’t hard work.

Some capitalists do choose to manage companies. Since they run the

business, they not surprisingly choose to pay themselves huge salaries

(along with other perks) that are derived mostly from the surplus value

exploited from the workers. While some forms of production do require

coordination, this does not justify capitalist forms of production or

the grossly disproportionate amount of wealth capitalists are given. In

a slave society slave drivers and owners would sometimes do coordination

necessary for production while making their slaves produce for them.

Just as it is possible to coordinate production without slave drivers it

is also possible to coordinate production without capitalists.

Coordination can be assigned to a worker (or committee of workers),

elected, recallable and mandated at worker assemblies and paid a normal

wage, just like any other task. There have been many examples of

worker-run cooperatives, run on a non-hierarchical basis without

capitalists, producing things just as effectively as a capitalist

corporation. There is no reason why individuals involved in coordination

tasks should be given greater wealth or power than those doing other

tasks, let alone given the dictatorial power bosses & capitalists have

over the workplace.

Like slave owners, capitalists may spend a large portion of their time

manipulating their underlings to maximize the amount of money they make,

but that time neither produces anything nor justifies the privileged

position of the capitalist. Most of the “work” done by capitalists

running a business is in reality manipulating workers so as to maximize

exploitation (thereby maximizing profit). Most capitalists hire people

to do whatever coordination and administration is necessary for

production and do little of it themselves. In contemporary capitalism

this has lead to the growth of a separate techno-managerial class that

controls the workers for the capitalists. In general the higher up the

hierarchy and the farther from the point of production the less genuine

coordination is done. A thief that does a lot of scheming is still a

thief.

In the United States the richest 1% of the population (the capitalist

class) owns more wealth then the bottom 95% of the population combined

[7]. It is physically impossible for that one percent to work harder

then the other ninety-five percent. There simply aren’t enough hours in

the day. The average American worker works around 50 hours a week; for

the capitalists to work ninety-five times more then the average worker

he would have to work 4,250 hours a week! There are only 168 hours in a

week; it’s not possible for this wealth disparity to be the result of

capitalists working harder.

II. The Authoritarian Structure of Capitalism

Capitalism is inherently authoritarian and anti-liberty. The structure

of a company (or state enterprise) is essentially totalitarian in

nature. There is a hierarchical power structure, with those at the top

exerting almost complete control over those under them. Those on the

bottom must obey those on the top. While there may be some amount of

consultation from the top to the lower levels, the same can be said of

any slave society. There are no elections, no voting. Those on top have

absolute rule. Capitalism, like all class societies, is an economic

dictatorship.

True, theoretically a worker can leave a job, but s/he must still sell

his/her labor to a capitalist if s/he wants to survive. Workers can only

change jobs if the economic conditions are good enough that they can

find a different job. However, that different job has the same basic

authoritarianism as the old one and so it isn’t really an escape from

this. Under good circumstances you can switch bosses but most people

can’t choose not to have a boss. This is not the result of some law of

nature but of the fact that the capitalist class has a (state protected)

monopoly over the means of production. The fact that one can quit a job

does not make capitalism just — if you could immigrate from a society

ruled by a totalitarian state that still wouldn’t make totalitarianism

right. The same is true of economic totalitarianism. A slave that can

choose his/her master is still a slave.

Defenders of the capitalist system like to distract from this

authoritarian structure by babbling on about how theoretically it is

possible under capitalism for a person to go from the bottom of the

hierarchy to the top, joining the capitalist class. While most forms of

capitalism do have some degree of social mobility, apologists for

capitalism tend to overstate it. Only a tiny number of workers ever

manage to join the capitalist class. The few examples of workers who do

manage to join the capitalist class are usually from the better off

sections of the working class and often receive help from the state or

other members of the capitalist class. A person born to wealthy parents

will be much more likely to be wealthy as an adult than a person born to

poor parents; the odds are stacked. Even going from worker to petty

bourgeoisie (small business owner) is difficult to do. For the few who

even have the opportunity to set one up, most small businesses go under

within ten years and the majority do not become large businesses or

catapult their owners into the capitalist class. Often they just become

slaves to the bank. While there are occasionally exceptions, overall the

immense majority of people have little choice but to sell their labor in

order to survive. If all workers were able to rise out of the working

class easily the system would collapse. In order to have a hierarchical

system you have to have some on the top and others on the bottom.

Even if the amount of social mobility in capitalism were as great as

supporters of capitalism claim, it would not matter. If it is possible

for someone to move from the lowest position of an authoritarian system

to the highest position, it is still unethical because it is an

authoritarian system. If it were possible to go from homeless person to

dictator within a fascist system, fascism would still be wrong. In many

Leninist states there were individuals who went from being a worker to

being part of the ruling class, in some cases even joining the

Politburo, yet that does not make Marxist totalitarianism an acceptable

system. In Colonial Brazil, there were slaves who managed to become free

and even become slave owners themselves. It was as rare as workers

becoming capitalists in contemporary capitalism, but it did happen and

was theoretically possible for many slaves. Just as the theoretical

possibility of a slave becoming a slave owner does not justify slavery,

the theoretical ability of a wage-slave to become a capitalist does not

justify capitalism. The existence of social mobility does not justify a

social system.

Another way supporters of capitalist like to distract from the

authoritarianism of capitalism is to emphasize the market and downplay

or ignore wage-labor & the hierarchical aspects of capitalism. They

invent a fantasy world of people producing widgets & trading them for

thingamabobs and then pretend that this fantasy land has some

relationship to how a real-life capitalist economy works. We do not live

in a society of independent widget producers trading their products on

the market, we live in a society where most people have little or

nothing to sell but their labor. This fantasy neglects the fact that

wealth is extremely concentrated and the role of wage-labor, which is

extremely important as most people make their living by selling their

labor. This widget-trading fantasy ignores the inequalities of power

between workers & capitalists and so presents a false picture of

capitalism that makes capitalism look less authoritarian. Just because

markets exist does not make a system just. Markets existed in most slave

societies, that does not make slavery just. Markets reflect the will of

the wealthy & powerful, as more money can be made by catering to the

needs of those with more money.

No industrial society can be run along the lines of this widget trading

fantasy. Industry creates things like factories, mines and other

workplaces with a high division of labor and lots of people working

together in the same place. In industrial societies you have many people

using the same means of production (eg. a factory). Those means of

production are too big for a single individual to be able to use them

efficiently — factories require lots of people to work in them. A

society made up of independent producers presupposes that everyone has

their own means of production and then trades what they produce on a

market. An industrial society, by virtue of making the means of

production too big to be used by a single individual, makes such a thing

impossible. Factories and other large means of production can be

privately owned, with bosses telling the workers what to do, they can be

state owned, with state-appointed bosses telling the workers what to do,

or they can be held in common, with the workers themselves determining

what to do.

Capitalism can be contrasted with other forms of class society such as

feudalism and slavery. Class is another name for economic hierarchy. In

a class society some people have power and control over other people

with regard to economic matters. Those on the top of the hierarchy, who

exploit and live off the labor of those below it, are called the ruling

class.

In an economy based on slavery the ruling class is made up of slave

owners who exploit the slaves they own and live off their labor. The

slave is sold once and then belongs to that master until the master

decides to sell him/her. This differs from capitalism in that the slave

is sold once and for all whereas in capitalism the worker must sell

him/herself repeatedly by the day or hour or some other unit of time. If

the wage contract were made to last indefinitely, instead of for a fixed

period of time, it would in fact constitute full-fledged slavery. Thus

capitalism constitutes a kind of transient slavery repeated over and

over, which is why capitalism is also called wage-slavery. Examples of

societies based on slavery include the Roman Empire, ancient Korea and

the US South prior to the 1860s.

In feudalism society is divided into several classes with the nobility

on the top and the serfs on the bottom. The nobility lives off the labor

of the serfs who must give crops and various forms of unpaid labor to

their lords. Serfs differ from proletarians in that they have their own

means of production, land, and thus do not have to sell their labor to

survive. They must, however, give up a part of his/her product (crops,

usually) or part of the services of her/his labor to the ruling class.

Examples of feudal societies include medieval Europe and Japan [8].

The two main classes in a capitalist economy are the capitalist class

(or bourgeoisie) and working class (or proletariat). In the United

States, most people consider themselves “middle class.” This is a

useless term since almost everyone is considered middle class,

regardless of their economic situation, and it is thus of no use in

describing class hierarchies and their relations. You can’t have a

“middle class” that constitutes over 90% of society! The concept of the

“middle class” in the United States acts to disguise the existence of

classes in America. Those who must sell their labor in order to survive

and do not have the power to hire or fire are members of the

proletariat. Those who are wealthy enough that they do not have to sell

their labor to survive (their income comes from stocks, bonds, rent,

etc.) are members of the bourgeoisie. Since the capitalists exploit the

workers, the interests of the capitalist class and the working class are

directly opposed. In almost all capitalist countries the working class

constitutes the majority of the population [9].

Sometimes other classes are present as well. Societies that have only

recently transitioned from a feudal to a capitalist economy usually have

a large number of peasants inherited from the previous economic system.

Peasants do not have to sell their labor to survive because they have

access to their own land and live off it. They are not capitalists

either, as they do not exploit wage laborers to make their living. The

development of capitalism usually transforms peasants into workers given

enough time.

The unemployed, or lumpen-proletariat, are another class. Unemployment

is a common byproduct of capitalism. Having part of the population

unemployed keeps wages down and makes it easier to control the workers.

If a worker knows s/he can easily find a different job elsewhere s/he

will be less concerned about being the victim of a layoff and can demand

higher wages, better working conditions, etc. It is much easier to

control workers when they have the threat of unemployment hanging over

their heads. A completely free market would tend to oscillate between

periods of high and low unemployment. When unemployment is low wages

rise and it becomes harder to maximize the degree of exploitation and

profit. This causes many capitalists to begin to replace workers with

automated machines (or find other ways of cutting costs, like layoffs),

as they cost less compared to paying workers high wages. However,

implementing more automation (and most other cost cutting) throws people

out of work, thereby increasing unemployment. This causes wages to fall

and makes employing workers cheaper. Thus, eventually unemployment

begins to fall again because it becomes more cost-effective to employ

workers as compared with increasing automation. This cycle then repeats

indefinitely. In practice, this cycle either does not happen or is

lessened because many states implement regulations and monetary policies

to ensure that unemployment does not go extremely high or extremely low.

The small capitalists, or petty bourgeoisie, (small business owners) are

a different class. Like the normal capitalists, they own means of

production (though usually only a small amount) and make profit through

employing wage-labor. Unlike the capitalists they do not own enough

wealth to live off it without working, but they also do not have to sell

their labor to make a living. Generally they do productive work

alongside the workers they exploit, and must do so if they expect to

survive. In practice, many are dependant on the bank, which means they

are dependant on large capitalists because they control the banks.

The managerial or techno-bureaucratic class controls the working class

(and sometimes other classes) for the capitalist class. This group

includes most of middle management, bureaucrats, technocrats, etc.

They’re basically part-worker and part-owner. They have to sell their

labor to survive but also have the power to hire and fire workers. Under

some forms of capitalism the techno-managerial class is virtually

non-existent – most of their functions are either unnecessary or

performed by capitalists themselves.

III. Capitalism Cannot Be Reformed

Some, while acknowledging that contemporary capitalism is flawed, claim

that modifying capitalism through a series of reforms can avert these

problems. Some say that more regulations will fix the problems. Others

say that fewer regulations will fix the problems. Some call for massive

state programs to cure those ills, while others claim that abolishing

large state programs will end these problems. Some propose seemingly

radical programs that, under the pretense of completely re-organizing

society and abolishing capitalism, actually maintain the foundations of

the capitalist system. While some of these reforms may produce minor

improvements, they do not address the root problem and at best treat the

symptoms rather then the disease.

The idea, supported by many on the right, that a more laissez-faire form

of capitalism will fix all of it’s problems is based on a selective

reading of evidence. Their methodology is to select prosperous

countries, claim they are examples of the ‘wonders of a free market’ (no

matter how extensive government intervention in the economy is) and to

select poor countries and claim that they are examples of how government

interventions ruin a country (no matter how little government

intervention exists). In the early 1990s supporters of ‘free market’

capitalism pointed to Argentina as evidence that their theories were

correct — it’s prosperity at the time was claimed to be proof that

deregulation and the free market are the answer. Several years later

Argentina went into a depression and the economy imploded. The “free

marketers” then changed their tune — the problem, they claimed, was that

Argentina had lots of extensive government interference in the economy.

Some even claimed it was “socialist.” When the country was prosperous

they claimed it was ‘free market’ but when it became less prosperous

they claimed it was ‘socialist.’

The ‘free market’ crowd also likes to compare countries with high

degrees of state intervention in the economy and countries with lower

intervention in the economy, like North Korea and South Korea. Aside

from the Koreas comparison being invalid (the South received far more

foreign assistance than the North) the fact that South Korea is

frequently cited as a ‘success story’ for the ‘free market’ shows how

selective their idea of a ‘free market’ really is. South Korea

industrialized through a series of five year plans. There’s another

famous country that industrialized through a series of five year plans:

the Union of Soviet Socialist Republics. Their concept of a ‘free

market’ is so fickle that it leads them to make a semi-command economy —

South Korea — one of the countries they commonly cite as an example of

how great “free market” capitalism is. In reality, the reason some

countries are rich and others poor has more to do with imperialism then

with the degree of government intervention. There is no correlation

either way.

Their selective identification of “free markets” and “government

intervention” isn’t limited to comparisons between countries. A

corporation is basically a centrally planned economy. The different

parts take orders from those higher in the hierarchy, they do not trade

with each other. Modern capitalism is really a series of interlocking

command economies (multi-national corporations) which trade with each

other (just as the Soviet Bloc countries traded with each other).

Corporations are actually the opposite of markets, the fact that they

are defended under the laissez-faire philosophy further shows how facile

their support for the “free market” is. Capitalism itself requires

government intervention in the economy in the form of enforcing property

rights. Without this the system will implode. Advocates of laissez-faire

capitalism typically respond with something along the lines that it’s

the government’s role to protect “individual rights” and so such

intervention is justified. But left-liberals and state socialists say

the same thing — that the kind of intervention they advocate is

justified by “human rights” or something along those lines. The

laissez-faire capitalist is no more against “big government” than the

left-liberal or state socialist, they just disagree on which state

policies should be implemented. In reality, whenever people who claim to

advocate “shrinking government” in favor of “free market” capitalism get

in power they implement extensive government interventions that benefit

the rich (beyond enforcing private property). “Free market” regimes have

a long record of giving large subsidies to big business, funding the

military-industrial complex, following a foreign policy designed to help

maintain a favorable foreign investment climate and even imposing

tariffs when needed to support weak domestic industries. “Free

enterprise” means state protection for the wealthy and market discipline

for everyone else.

Many left-wing reformists claim that ‘regulated capitalism’ and/or a

social democratic welfare state would somehow fix all the problems that

come about as a result of capitalism. It’s rather difficult to do this

when the state serves the interests of the capitalists. As a result many

regulations and state programs that are put into effect frequently end

up favoring large corporations rather then ordinary people, creating a

corporate-welfare state. Examples of this include the billions of

dollars given by capitalist governments to corporations (both directly

through subsidies and indirectly through government contracts), laws

restricting the ability of workers to organized against capitalists and

government manipulation of monetary policy to favor capitalists. Such

policies tend to be implemented by both left-liberal regimes and also

right-wing “free market” regimes.

When unrest from the lower classes (proletarians, peasants,

lumpen-proletarians and sometimes a section of the managerial class)

becomes large enough it can become beneficial for the capitalist class

and/or state bureaucracy to implement Social Democratic welfare measures

that ameliorate the miseries of the lower classes. This worker-friendly

strategy can be implemented either by individual companies or through

state programs (or both). These policies can decrease unrest by

decreasing the miseries of the lower classes (and thereby reducing their

propensity to revolt). Large amounts of unrest can disrupt production

which thereby interferes in the ability of capitalists to make profits.

If this disruption is great enough it becomes more cost effective for

capitalists to implement welfare policies to decrease unrest rather than

put up with constantly disrupted production. If unrest becomes great

enough it can even threaten to bring about revolution and topple

capitalism. For the capitalist class a welfare state is vastly

preferable to an anti-capitalist revolution and will implement one if

doing so will stop a revolution.

Social democratic welfare states, however, still leave the capitalist

class in charge. If the social democratic measures do their job worker

militancy and unrest will subside over timeand these welfare measures

will no longer be as cost effective as they were when there was more

rebellion (if worker unrest does not subside then capitalists tend to

move towards imposing a right-wing dictatorship to suppress the workers,

unless the workers overthrow the capitalists). The capitalists will then

begin to dismantle the social democratic state and implement policies

more favorable to their interests. Since the capitalists are still the

ruling class there is little to stop them from doing this aside from

renewed rebellion on the part of the exploited. In the end social

democracy ends up being at most a temporary stopgap measure – a band-aid

on a cut artery.

Some who seek to reform capitalism actually claim to oppose capitalism,

but what they desire to implement are in reality unusual forms of

capitalism, since they retain wage-labor. The most famous capitalist

ideology claiming to be anti-capitalist is Marxism. They advocate the

creation of a centrally planned economy, with a “workers’ state” (in

practice a one-party totalitarian state) controlling the entire economy.

This is not anti-capitalism but state monopoly capitalism. As most

people would still be wage-labor under this system it is a form of

capitalism (albeit, in a rather perverted form). Instead of being

exploited by individual companies workers would be exploited by the

state, which would be the new boss. The new capitalist class would be

made up primarily of government bureaucrats, politicians and party

members who would profit from the exploitation of the working class just

as traditional capitalist classes do. There is in essence very little

difference between having a single corporation control the entire

economy and the centrally planned economy advocated by state socialists.

Simply uniting administration of the economy into a single giant

bureaucracy does not abolish capitalism. Centrally planned capitalism is

still capitalism.

The conflict between the Soviet Union and the United States in the

second half of the twentieth century was, despite what the propaganda of

both sides claimed, actually an inter-imperialist conflict between two

rival capitalist empires. It was not a class struggle between workers

and capitalists (as Marxist propaganda claimed) or between freedom and

tyranny (as American propaganda claimed) but a conflict between

different capitalist classes over how they would divide the world

between them. The daily life of citizens in each empire was not greatly

different; both practiced a variation of the same economic system.

Neither side was actually interested in the liberation of the oppressed.

There is a common flaw in all of these proposals to reform capitalism.

None of them actually fix the root problems of the wage system. Workers

under laissez-faire capitalism, social democracy and state socialism

would still be exploited. Authoritarian workplace relations would still

exist under all these reformist proposals, workers would still be

subject to an economic dictatorship. These reformist ideas do not fix

any of this, at best they just treat the symptoms. None of these things

can be changed by reforming capitalism, there are inherent in the

system. Capitalism must be abolished.

IV. Towards a Classless Society

Instead of a class society, dividing society between haves and

have-nots, we should have a society in which equality and freedom

prevail in production. All should have equal access to the means of

production so they can produce what they need to survive without having

to take orders from an owning class. None should have power over

another; all forms of hierarchy should be abolished. The means of

production should be put under the control of the producers. Instead of

economic dictatorship, institute self-management where the producers

control their own activity instead of taking orders from bosses. The

factory to the worker, the land to the peasant.

This could be brought about through the direct expropriation of the

means of production by the lower classes (possibly preceded by a general

strike) and placing the means of production under the control of those

who use them. All workplaces would be taken over by the people who work

in them, followed by a reorganization of the economy to meet the needs

of ordinary people instead of profits for a few. This would involve a

mass rebellion against established authority — a revolution — and the

overthrow (and abolition) of the government.

There would probably be an alliance between the proletariat, peasants

(in countries where they still exist), lumpen-proletariat and a section

of the more radical parts of the managerial class. An alliance between

the workers, peasants and unemployed would have to form the core of such

a revolution since they are both the most exploited members of

capitalist society and are also the vast majority. A revolution aiming

to establish a classless society cannot happen without the support of

the majority of the population since such a revolution would deliver

control of the economy into their hands and, if they did not desire a

classless society, would simply give up such control to reestablish a

classless society.

The revolutionaries should also be on guard against those who would take

advantage of the revolution to establish themselves as a new ruling

class (possibly while also claiming to abolish classes). Many past

revolutions that might have resulted in a classless society have seen

small determined minorities take advantage of the overthrow of the old

rulers to establish themselves as a new ruling class and launch a

counter-revolution against those pushing for a classless society. During

the French revolution the Jacobins took advantage of the overthrow of

what was left of Feudalism to implement capitalism and suppressed

attempts by the sans-culottes (and others) to build a classless society.

In the Russian revolution the Bolsheviks seized power and proceeded to

implement state monopoly capitalism while violently liquidating

syndicalists, anarchists and others who advocated a classless society.

It happened again in the Iranian revolution, which religious

fundamentalists used to gain power. To combat this the revolutionary

movement must not only attempt to overthrow the current ruling class but

also prevent those who would like to become a new ruling class from

seizing power (and overthrow them if they do). Anyone who advocates

economic hierarchy advocates a class society – even if they say they

don’t.

The managerial class would probably split into numerous different

factions in such a revolution. This class has contradictory interests.

On the one hand, it is above the workers (and peasants and unemployed)

and has the primary function of controlling them for the capitalist

class. Their interests thus tend to clash with the workers since they

are above them and have control over workers. On the other hand, they

are also subordinated to the capitalist class and are under their

control. Thus they also have antagonistic interests against the

capitalist class. In an anti-capitalist revolution one faction would

probably try to preserve its privileges and side with the capitalists

against the workers, attempting to maintain their traditional position

of controlling the workers for the capitalists. Another faction would

probably decide to unite with the workers against their common oppressor

– the capitalist class – even if that meant giving up their privileged

position over workers. A third faction would seek to overthrow the

capitalists and, instead of establishing a classless society, attempt to

establish itself as a new ruling class. Initially they would ally with

the workers against the capitalist class and probably pretend to have

the same goal – a classless society. Once the old ruling class is

overthrown, however, they will come into conflict with the workers as

they attempt to establish themselves as new rulers and put the workers

back in their place. State socialist ideologies, including Marxism, will

probably be most attractive to this third faction in a revolutionary

situation.

After seizing the means of production and overthrowing the ruling class

the economy should be reorganized on the basis of self-management into

confederations of worker collectives. Workplaces can be run by

non-hierarchical worker assemblies in which everyone has a say in

decisions proportional to the degree they are affected by them. Wealth

should be redistributed on a more equitable basis. The details of the

specific arrangements of such a society should be left to those living

in it.

Former capitalists would lose all their old privileges but would be

allowed to become equals in the new society, with the same status as

former workers. No one should be coerced into participating in any

organization. Anyone preferring not to participate in these self-managed

confederations of worker assemblies would be allowed to leave at will

and live as hermits or form whatever alternative social forms they

desire, so long as such relations are entirely voluntary and

non-hierarchical. Such people should also be given access to enough of

the means of production to sustain themselves (failure to do so would

essentially coerce them into participating in the worker assemblies). It

is virtually impossible for capitalism (or slavery or feudalism) to be

restored in such a manner, through purely voluntary means, because it

will be difficult to find people willing to volunteer to be poor and

exploited and because capitalism is based on coercion.

Many authoritarians claim that people are too stupid (or evil) to run

their own lives and thus must submit to a ruling elite [10]. Hierarchy,

they argue, is absolutely necessary. This claim is not only wrong, but

also self-contradictory. If people are too stupid or wicked to rule

themselves then they are certainly far too stupid or wicked to rule

others. Those who are on the factory floor everyday and thus knows how

it works will generally tend to be much better decisions makers with

regard to the factory then some executive or stockbroker on the other

side of the country who rarely sets foot in the factory and thus knows

little about it.

Actual implementation of worker self-management has shown it to be just

as effective as capitalist production and sometimes more so. During the

Spanish, Iranian, Russian and other revolutions workers often seized

control of the factories (and peasants the land) and ran them

themselves. They were just as effective as capitalist enterprises under

the same conditions and often more so. Unfortunately capitalists through

brute force ended these attempts at self-management. Formation of worker

cooperatives within private capitalist societies (such as the mondragon

cooperatives) has also been effective at production. They generally have

a difficult time competing with capitalist enterprises because they do

not have access to enough of the means of production to compete

effectively — the capitalists have a (state protected) near-monopoly on

the means of production. Most cooperatives also do not receive the

billions of dollars in state subsidies that large corporations do. But

under equal circumstances, self-managed workplaces are just as good at

production as capitalist enterprises [11]. Capitalist forms of

production are not necessary but are exploitative, authoritarian and

cannot be reformed. It’s time for capitalism to go.

[1] Retired workers are still part of the working class, as are children

of workers dependant on their parents

[2] Carson, Kevin “The Iron Fist Behind the Invisible Hand”

http://www.mutualist.net/mutualistnetresourcesandinformationonmutualistanarchism/id4.html

[3] “Aren’t the Enclosures a Socialist Myth?”

http://www.infoshop.org/faq/secF8.html#secf84

[4] Marx, Karl Das Capital Part VIII

[5] El Gran Pueblo by Colin MacLachlan and William Beezley, p. 91–92 and

A Short History of Latin America by Benjamin Keen and Mark Wasserman, p.

202–203

[6] “What About the Lack of Enclosures in the Americas?”

http://www.infoshop.org/faq/secF8.html#secf85

[7] Gutman, Huck “Economic Inequality in US”

http://www.commondreams.org/views02/0701-05.htm

[8] This comparison is of course oversimplified since this essay is

about capitalism, not pre-capitalist societies. Actual historical feudal

and slave societies were more complex then are presented in this

simplified comparison and there were significant variations as well.

[9] Those capitalist countries in which workers do not make up the vast

majority are underdeveloped countries that still have a large percentage

of peasants. In those countries, workers and peasants added together

constitute the vast majority of the population.

[10] See the essay “On Authority” by the capitalist Fredrick Engels for

an example of this

[11] McCain, Roger “Cooperation: The Proper Study of Economics,”

International Journal of Social Economics, 1993, v. 20, no. 10, pp.55–78